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Trump's tennis invite from Rolex echoes Apple, Nvidia playbook for currying favor, Warren says
AppleApple(US:AAPL) CNBCยท2025-09-24 14:02

Core Viewpoint - Senator Elizabeth Warren has raised concerns regarding Rolex's relationship with President Donald Trump, suggesting that the company may be attempting to secure tariff exemptions through this association [2]. Group 1: Company Actions - Rolex hosted President Donald Trump at the U.S. Open, which has led to scrutiny over whether the company is leveraging this relationship for potential tariff benefits [2][4]. - The invitation to Trump has drawn parallels to actions taken by other companies like Apple and Nvidia, which have made domestic investments since Trump's return to the White House [3]. Group 2: Political Context - Warren's letter to Rolex's CEO, Jean-Frederic Dufour, questions the company's motives and suggests an inquiry into its practices [2]. - The presence of high-ranking officials alongside Trump at the U.S. Open, including Treasury Secretary Scott Bessent, highlights the political connections that may influence corporate strategies [4].